Yahoo Finance Live’s Rachelle Akuffo discusses the decline in stock for Alibaba following rumors that the e-commerce company is moving its headquarters to Singapore, despite the company denying reports.
One painful mistake investors can make is to rely too much on stock screeners when looking for possible investments. For example, if they start their search by filtering out stocks with high earnings multiples, they may overlook promising businesses that have had an off year, but that are still relatively cheap. Alibaba Group Holdings (NYSE: BABA) and CVS Health (NYSE: CVS) both fall into that category, and they may be great buys right now.
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